Market Overview:

The Global Graphene Electronic Market Size Was Valued At USD 337.0 Million In 2022 To USD 2,834.7 Million By 2030, Exhibiting A CAGR Of 30.5% During The Forecast Period 2022-2030.

Graphene is the first two-dimensional carbon material to be found. Because of this, graphene can be used in many different ways in the electronics industry. Graphene is 200 times stronger than steel and 200 times lighter than air. It is also a good conductor of electricity and doesn't catch fire. Graphene is also used in the chemical industry as a powerful catalyst because of its ability to absorb and its large surface area.

Graphene is a better conductor than the usual material for electrodes, and it could be used to make the next generation of semiconductors. Graphene is a new and important material that is made up of atoms of graphite arranged in a single sheet. Graphene has many good qualities, such as high mechanical strength, very high electron mobility, and better thermal conductivity. Because graphene is thin and can conduct electricity, it is used in many parts of electronic devices, such as batteries, touch screens, sensors, solar cells, and more. This has led to research around the world into how it can be used as a semiconductor. Graphene semiconductors, which are only one atom thick and can carry electricity at room temperature, could replace current computer chip technology.

COVID-19 Impact:

The COVID-19 pandemic slowed down the growth of the graphene electronics market in a big way. The pandemic made it even harder to find skilled workers to make batteries, memories, displays, and other next-generation graphene electronics. It also changed the demand for making finished parts and raw materials that are used in consumer industries. Due to the pandemic, many businesses that were unsure about the benefits of digitalization joined the movement. As a result, flexible electronics for business applications got a new chance, which led to more graphene being used in electronic products.

Market Dynamics:

Market Trends:

• Increasing R&D of Graphene-based Sensors is an Emerging Trend

Graphene is a chemical sensor that works when it is connected to an electrolyte. In an electrolyte with a concentration of a few millimolar, graphene-based top-gate insulators can be made with a thickness of 1 to 5 nm. This is better than what the best top-gate Field-effect Transistors (FETs) that use Atomic Layer Deposition (ALD) can do.

The market for photoelectric sensors is basically the same as the market for indium-tin-oxide (ITO) substitutes in transparent conductors. Because it is transparent and has a high electrical conductivity, it can be used to make transparent electrodes for photoconductive sensors and photovoltaic cells.

Driving Factors:

• Growing Product Penetration in the Electronics Industry to Aid Growth

Because it is very lightweight and has a very high thermal and electrical conductivity, it is best for use in electronics. The electrons in this allotrope of carbon have higher mobility and therefore speed up more when applied on an electric field, as compared to semiconductors that are extensively employed in electronic devices, including silicon. Because of these qualities, it makes better devices that work faster and use less power than traditional alternatives.

Because this material has a high mechanical strength, it can handle relatively higher voltages. This is likely to affect growth because more and more industries are switching to electric power.

One strong alternative to indium tin oxide is graphene films. Indium tin oxide is a commercial product that is used a lot as a transparent conductor and electrode in OLEDs and solar cells, as well as in the touch screens of smartphones and computers. Demand for touch screen products and technologies is likely to help the market grow.

• Growing Demand for IoT Applications in the Household and Industrial Sectors

The graphene electronics market is growing because more and more home and business IoT applications are being made. IoT devices that use graphene are fast, reliable, and easy to use. As a result, more people are interested in IoT devices. Graphene electronics are built into the IoT sensor, which makes it sensitive and quick to respond. This will lead to significant growth opportunities during the forecast period.

• Increasing Governments' Initiatives for Environment-Friendly Energy Generation

The graphene electronics market is growing because governments are doing more to make energy that is good for the environment and more research and development is being done. To use renewable energy sources, you need infrastructure for converting and storing energy that can quickly charge and provide electrical and thermal properties. Graphene-based batteries can store more energy and take less time to charge, which makes them more useful in applications that convert energy. Batteries made of graphene are used in solar power plants to store the energy that is made. In November 2021, EDAWN, the world's biggest graphene maker and the only company that makes graphene-based batteries that don't catch fire, will open a 517-acre factory in Northern Nevada. Here, they are trying to make graphene-based products like EMI shielding, transparent conducting electrodes, and silver nanowires.

Restraining Factors:

• Negative Environmental Impact is Likely to Restrain Market Growth

Because of their flexible carbon-based structure, graphene nanomaterials (GFN) have become popular in nanotechnology research. This is because they can be used in different ways to make progress in different fields. But there are some worries about the material and what role it will play in a sustainable future.

Researchers at the University of California's Riverside Bourns of Engineering found that GO nanoparticles move around a lot in streams and lakes and can harm the environment if they are let out into the water. More and more people are using GO, but it is also thought to be dangerous to humans. As the amount of graphene made goes up, it is important for governing bodies like the Environmental Protection Agency (EPA) to know how it might affect the environment.

GFN is a 2D carbon nanomaterial that could be harmful to the environment if it gets into the air, water, or soil. Also, GNM can be affected by the environment in a series of ways, including chemical, physical, and biological changes, which can change their structure, chemistry, and physical properties.

• Expensive and Time-Consuming Process

The process of making high-quality graphene is expensive and takes a long time. Graphene is very reactive with oxygen and heat, and it has impurities and substances that are toxic. Normal businesses can't use graphene batteries because they are too expensive. This could make it harder for the graphene electronic market to grow.

These changes can be bad for the environment because they can cause GFNs to become more or less dangerous. For a sustainable future, it is very important to look into the possibility of future toxicity caused by these changes and how they affect the environment. These things are likely to slow the growth of the market.

Opportunities:

• Increasing Need for Electronic Memory Devices

Because mid-range and high-end laptops, smartphones, wearables, gaming consoles, and other devices that use these chips for both nonvolatile and volatile memory are becoming more and more popular, the number of devices that use memory chips has grown by a huge amount. Memory device makers are likely to focus on making graphene and putting it in their products because of its low power use, high uniformity, increased density, SET voltage modulation, transparency, and other features. This should make it easier for graphene-based memory systems to catch on in the consumer electronics market in the future.

Challenges:

• High Initial Investment and Other Challenges Associated with the Use Of Graphene

Graphene is a good conductor of electricity, but it can't be turned off like graphite because it doesn't have a band gap. Recently, scientists used a method called "laser shock imprinting" to change the structure of graphene's band gap in a way that won't go away. During this process, a laser was used to send shockwave pulses toward a graphene sheet below it. When these laser shocks forced the graphene layer into a trench-like shape, they changed it for good. Even though the method makes it easier to use graphene's optical, magnetic, and thermal properties in different ways, it will still take a long time for graphene to be used in commercial semiconducting devices.

Strategic Development:

• In February 2020 - Graphene Leaders Canada Inc., a Canadian SME, signed the CPI, and the National Research Council of Canada announced that it would create a process for purifying graphene oxide that could be used on a large scale.
• In July 2022 - Graphenea and Grapheal joined forces to use GraphLAB, a graphene-based product, to fact-check the study on biosensors. GraphLAB is a new way to test proteins and find diseases and screening problems.
• In July 2021 - AGM put out a new line of GNP dispersions that are good for the environment. With these dispersions, people who use coatings, paints, and composite materials will be able to make their products last longer.
• In February 2020 - XG graphene-enhanced polyurethane engine covers were made for the first time. All Ford and Lincoln passenger cars and light trucks can now get these covers. The product's compression strength has gone up by 20%, its heat deflection temperature has gone down by 30%, its NVH sound absorption has gone up by 17%, and its weight has gone down by 10%.
• In January 2020 - ACS Materials released Graphene/Silver Nanowire Composite Transparent Conductive Film (TCF), which works better than earlier versions of TCF.
• In November 2019 - Applied Graphene Materials (AGM) and GOBARR Kimya Ticaret ve Pazarlama Ltd. Sti. announced a partnership to sell their products (Gobarr). With this deal, AGM should be able to improve its distribution grid and reach more customers in the Turkish polymer and coatings sector.

Key Vendors:

Top market players are

• Graphene Frontiers

Graphene Frontiers, LLC makes things out of chemicals. The company sells graphene for use in both business and industry. Customers in the United States are the ones that Graphene Frontiers serves.

• Graphene Laboratories, Inc.

G6 Materials owns a company called Graphene Laboratories Inc., which is based in Ronkonkoma, New York. The company makes Graphene Oxide and Chemical Vapor Deposition Graphene, two products that are related to graphene. The company also runs Graphene Supermarket, which has sold products to more than 20,000 customers and is currently helping the industry with things like conductive adhesives, epoxies, advanced composites, and large-scale graphene oxide production, among other things.

• Graphene Square

Graphene Square is a company that looks into nanotechnology. It sells graphene material and graphene films that can be used as transparent conductors and in other electronic applications. It focuses on graphene films, graphene oxide, CVD equipment, and making graphene available to the public. It was started in 2012 and is based in the South Korean province of Gyeongsangbuk-do.

• Grafoid, Inc.

Grafoid Inc. has services for research and development. The company does research on graphite deposits and offers technical advice and consulting services to graphene material miners, manufacturers, suppliers, and processors.

• Graphenea S.A.

Grafoid Inc. has services for research and development. The company does research on graphite deposits and offers technical advice and consulting services to graphene material miners, manufacturers, suppliers, and processors.

• Skeleton Technologies

Skeleton Technologies is a company that stores energy in ultracapacitors. The company designs and makes ultracapacitor cells and modules made from graphene. It works with the automotive, transportation, grid and renewables, maritime, and industrial manufacturing sectors.

• Samsung Electronics Co., Ltd.

Samsung Electronics Co., Ltd. makes a wide range of consumer and industrial electronic equipment and products, such as semiconductors, personal computers, peripherals, monitors, televisions, and home appliances like air conditioners and microwave ovens. The company also makes equipment for telecommunications and Internet access, such as mobile phones.

• SanDisk Corporation

SanDisk LLC designs, develops, and manufactures data storage solutions. The company sells memory cards and readers, USB flash drives, digital media players, wafers, and other related parts. Customers in the United States can buy from SanDisk.

• Galaxy Microsystems Ltd.

Galaxy Microsystems Limited makes and sells hardware components for computers. The company's services for graphics card products include product design, prototyping, surface mount and PCB assembly, conformal coating, device programming, and functional testing. Hong Kong is one of the places that Galaxy Microsystems serves.

• IBM Corporation

IBM, which stands for International Business Machines Corporation, makes computer solutions. The company offers business resiliency, strategy, and design solutions, as well as application, technology consulting and support, process design and operations, cloud, digital workplace, and network services. IBM has clients all over the world.

• AMG Advanced Metallurgical Group N.V.

AMG Advanced Metallurgical Group N.V. makes specialty metals and metallurgical vacuum furnace systems. The company sells aluminum master alloys and powders, titanium alloys and coatings, chromium metal, ferrovanadium, antimony, tantalum, niobium, silicon metal, and natural graphite. AMG Advanced Metallurgical Group works with people all over the world.

Segmentation Analysis:

The market is segmented by product, application, end-user and region.

By Product Outlook:

Graphene oxide (GO), graphene nanoplatelets (GNP), and other products make up the different parts of the market.

In 2021, GNP had the biggest share of the market, and this is likely to stay the case until 2029. These are advanced nanoparticles that are widely used in medical devices, conductive inks, energy, composites, and coatings, among other things. Because of their strength, surface hardness, and stiffness, lightweight composite materials are becoming more popular in the aerospace and automotive industries. This will drive market growth. Several R&D activities are done to bring GNP production to the market.

Due to the growing demand for nanotechnology in the electronics and semiconductor industries, GO is likely to see big gains over the next few years. Moreover, the growing application of GO in a wide range of end-use sectors, including electronics, automotive, aerospace & defense, construction, textile, and healthcare, is one of the key factors anticipated to drive the growth of the market during the forecast period.

• Display
• Others
• Memories
• Batteries
• Solar Cell
• Integrated Circuits and Chips

By Application Outlook:

During 2021–2026, the graphene battery market is expected to grow the most, at a CAGR of 32.6%. This will be followed by the capacitor market, which is expected to grow at a CAGR of 30.8% during the same time period. The main reason for the growth of the battery market is that graphene has been added to the electrodes, which has made a big difference in the batteries' energy density, weight, charging time, shape, and ability to be recycled. The graphene battery market is expected to grow in the future because more cars and consumer electronics will need batteries with more power and less weight. Researchers from Trinity College Dublin, CIC EnergiGUNE, and INCAR-CSIC in Spain will announce in March 2020 that they have made rechargeable batteries and energy storage devices out of a graphene-based material that is safe for the environment and doesn't harm humans. Moreover, increasing demand for super capacitors and ultra-capacitors for burst-mode power delivery applications such as electric vehicles, trains, cranes and others is analysed to drive the graphene-based capacitor market during 2021-2026. In 2020, scientists from University College London and the Chinese Academy of Sciences made a graphene supercapacitor that can be bent and charges quickly. It can also store a record-high amount of energy safely for long-term use.

• Graphene film
• Graphene nanoplatelets (GNPs)
• Graphene oxide
• Graphene foam
• Others

By End-User:

The market is divided into electronics, aerospace and defense, automotive, energy, and other industries based on how they will be used.

The product is changing the aerospace industry because it makes coatings and composites work better. These are used to make planes, drones, helicopters, and spaceships. It helps improve the material's strength, makes it thinner, and makes it lighter. So, improving fuel efficiency and lowering emissions over the life of an aircraft. Due to its high electrical conductivity, the product is used to make structures for helicopters and airplanes that are lighter and more resistant to damage. This allows de-icing systems to be built into the wings.

The global auto industry faces problems like using less energy, making cars safer, and cutting down on carbon emissions. This will make the vehicle's dimensions more stable, which could be a chance for the auto industry. It is used in coatings and composites to make vehicles that are strong, safe, and light. It can be used instead of steel, aluminum, and carbon fiber, and it makes vehicles more stable.

• Consumer electronics
• Data storage
• Solar power generation

Regional Insights:

In 2020, about 42.8% of the global graphene electronics market was in APAC. This is because there are many big companies there that make consumer electronics and other things like batteries, solar panels, etc. Aside from this, Taiwan is in a good position to drive innovation in graphene electronics because it is a leader in making semiconductors and displays.
In 2019, North America is expected to have the second largest share of the graphene market. This is because more money is being put into graphene electronics research and development, which has opened up new growth opportunities in the region. The United States is a country with many industries in this area that make graphene. The growth of the market in the region is helped by the fact that there are companies that make electric cars and that the government has rules about protecting the environment.

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
• Germany
• France
• Italy
• Spain
• UK
• Nordic Countries
• Denmark
• Finland
• Iceland
• Sweden
• Norway
• Benelux Union
• Belgium
• The Netherlands
• Luxembourg
• Rest of Europe
• Asia-Pacific
• Japan
• China
• India
• Australia
• South Korea
• Southeast Asia
• Indonesia
• Thailand
• Malaysia
• Singapore
• Rest of Southeast Asia
• Rest of Asia-Pacific
• The Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of the Middle East & Africa
• Latin America
• Brazil
• Argentina
• Rest of Latin America

Scope of Report:

Conclusion:

• The global graphene market research report gives a detailed look at the market and focuses on important things like leading companies, products, and industries that use graphene.
• Also, the report gives information about market trends and highlights important changes in the industry.
• In addition to the things already mentioned, the report also talks about other things that have helped the market grow in recent years.
• This report looks at historical data and predicts revenue growth at the global, regional, and country levels.
• It also looks at the latest market trends and opportunities in the industry.